Madeline Laskoski

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Procter & Gamble shares fell nearly 3 percent after fourth-quarter earnings and revenue forecasts were lowered. Analyst Joseph Altobello tells CNBC that this appears to be a P&G-specific problem because it is losing market share to competitors.

Goldman Sachs made a sweeping statement advising investors to buy stocks and say good-bye to bonds in a report released on Wednesday. Goldman projected that the prospect for future stock returns relative to bonds is at a generational high.

For the first time since 2007, the United State Grand Prix is returning to the calendar. Twelve Formula One teams and 24 drivers will be heading to Austin, Texas from November 16-18 for the US Grand Prix this year.

Stress tests carried out by the Federal Reserve in the United States boosted confidence in the banking sector and sent banking stocks sharply higher, but banks are not out of the woods yet, Matthew Czepliewicz, analyst at Collins Stewart, told CNBC.